A quota is:

A) a duty, or tax, that a government puts on products that are imported into the country.
B) the maximum amount of a product that can be imported or exported.
C) a prohibition or suspension of foreign trade of specific imports or exports.
D) a law that a government uses to regulate products that are imported into the country.

Answer: B

Business

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LIFO is inappropriate where unit costs tend to decrease as production increases.

a. true b. false

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Depending on the product, there may be a person who act as a(n) ________ in the buyer center, often by providing specifications for the product being purchased or the vendor being considered.

gatekeeper decider buyer influencer

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